| Richmond Court (Raynes Park) Limited |
| Registered number: |
03672128 |
| Balance Sheet |
| as at 24 March 2019 |
|
| Notes |
|
|
2019 |
|
|
2018 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
32,727 |
|
|
32,727 |
|
| Current assets |
| Debtors |
3 |
|
13,332 |
|
|
13,521 |
| Cash at bank and in hand |
|
|
7,628 |
|
|
10,865 |
|
|
|
20,960 |
|
|
24,386 |
|
| Creditors: amounts falling due within one year |
4 |
|
(10,215) |
|
|
(8,070) |
|
| Net current assets |
|
|
|
10,745 |
|
|
16,316 |
|
| Net assets |
|
|
|
43,472 |
|
|
49,043 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
25 |
|
|
25 |
| Other reserves |
5 |
|
|
35,726 |
|
|
35,726 |
| Profit and loss account |
|
|
|
7,721 |
|
|
13,292 |
|
| Shareholders' funds |
|
|
|
43,472 |
|
|
49,043 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| P M Anthony |
| Director |
| Approved by the board on 28 June 2019 |
|
| Richmond Court (Raynes Park) Limited |
| Notes to the Accounts |
| for the year ended 24 March 2019 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). Provision has been made for all accruals and prepayments so that the income and expenditure statement accurately reflects the period of these accounts. |
|
|
Turnover |
|
Income represents the service charges paid by leasees |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
Leasehold land and buildings |
over the lease term |
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 25 March 2018 |
32,727 |
|
At 24 March 2019 |
32,727 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 24 March 2019 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 24 March 2019 |
32,727 |
|
At 24 March 2018 |
32,727 |
|
|
| 3 |
Debtors |
2019 |
|
2018 |
| £ |
£ |
|
|
Trade debtors (Service charges) |
8,158 |
|
7,993 |
|
Other debtors |
5,174 |
|
5,528 |
|
|
|
|
|
|
13,332 |
|
13,521 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
| £ |
£ |
|
|
Other creditors |
10,215 |
|
8,070 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other reserves |
2019 |
|
2018 |
| £ |
£ |
|
|
At 25 March 2018 |
35,726 |
|
35,726 |
|
|
At 24 March 2019 |
35,726 |
|
35,726 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Controlling party |
|
|
In the opinion of the directors, no single shareholder controlled the company during the year |
|
|
| 7 |
Other information |
|
|
Richmond Court (Raynes Park) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
39 South View |
|
Clifton Road |
|
Wimbledon |
|
SW19 4QU |
|
| 7 |
Service Charge Bank Account |
|
|
Service charges are held in a separate bank account by the managing agent, Moss & Co. This is a current account with the Bank of Scotland. |
